FC1: Scarcity, needs/wants, TINSTAAFL, 3 basic questions
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Last updated almost 6 years ago
5 questions
1
The economic term "scarcity" relates MOST directly to a situation in which
The economic term "scarcity" relates MOST directly to a situation in which
1
What is the difference between needs and wants?
What is the difference between needs and wants?
1
Which of the following acronyms represents the idea that nothing is really free?
Which of the following acronyms represents the idea that nothing is really free?
1
What are the 3 questions every society must answer?
What are the 3 questions every society must answer?
1
The statement,"businesses will produce using the best machinery and technology" addresses which of the 3 basic questions?
The statement,"businesses will produce using the best machinery and technology" addresses which of the 3 basic questions?